The multifamily investment arm of Sares-Regis Group is betting big on a fast-changing corridor of Los Angeles’ Miracle Mile. The Orange County-based firm paid $86.7 million for a 168-unit ...

Sares-Regis Group paid $87 million for The Preston. Newport Beach-based Sares-Regis Group has acquired The Preston Miracle Mile, a 169-unit apartment building, for $86.8 million, records show.

Sares Regis Group has secured a $65 million mortgage from Mesa West Capital for its purchase of a 169-unit apartment complex in Mid-Wilshire. The Preston Miracle Mile building is a four-story ...